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Question 30 (1 point) Question 52) ABC Limited purchased a delivery van on January 1, 2018. The cost of the van is determined to be

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Question 30 (1 point) Question 52) ABC Limited purchased a delivery van on January 1, 2018. The cost of the van is determined to be $22,000 with an estimated residual value of $2,000. The van is expected to be used for 5 years or 100,000 kilometers. ABC has a December 31 year-end. Using straight line method of depreciation, the annual depreciation is: a. $4.400 b. $4,000 O c. $3,600 d. $4,800 e. $4.200

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